Asset based lending

Asset based lending

Asset based lending

MB Business Capital provides creative asset-based financing to middle-market companies throughout the United States, primarily with needs related to acquisitions, dividend recapitalizations, growth, debt restructurings, debtor-in-possession, and turnarounds. MB Business Capital provides flexible structures that include revolving lines of credit supported by accounts receivable and inventory and term loans, supported by equipment and real estate. We will also consider cash flow term loans based upon historical pro forma performance.

General lending parameters

Loan commitments

$5,000,000 to $50,000,000

Dedicated syndication capabilities up to $100,000,000

Structure

Revolver

Up to 85% of eligible accounts receivable

Up to 60% of eligible inventory with higher advance rates available based upon appraisal
and to meet seasonal needs

Term loans

Up to 80% of orderly liquidation value of equipment

Up to 75% of appraised fair market value of real estate

Capital expenditure facilities available to finance new equipment purchases

Amortization

Up to 7 years – equipment loans

Up to 15 years – real estate loans

Cash flow loans

Up to 25% of the total credit facility and supported by sufficient cash flow to repay principal,
generally within 24 months

Equity/Mezzanine/Second Lien

Available through preferred third-party sources

Industries

Manufacturers, distributors, and selected service companies with sales from $25 million to
$500 million; selected regional or national store-based retail chains.

Performance

Prospects should generally be profitable with sufficient cash flow to cover debt service. Turnarounds are selectively considered provided a return to profitability can be documented through due diligence.

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Partner testimonials

"The people at MB Business Capital are what really set them apart from other lenders. They are astute, objective, have tons of credibility, and are willing to dig a little deeper to be creative and deliver a winning deal for us and our clients each and every time."